ZZ CONSTRUCT
Open bankruptcyOverview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 17 June 2025 · trustee Jeroen Pinoy · a claim can no longer be filed
Creditor guide for this companyThe procedure
- Court
- Enterprise Court of Brussels
- Supervising judge
- Dirk De Corte
- Official Gazette
- 24-06-2025search the document for 2025/127331
Deadlines
- Provisional date payments stopped
- 17 June 2025A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 9 July 2025That is fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 17 July 2025art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 23 July 2025Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 17 June 2026A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Jeroen PinoyStationsstraat 117, 1840 Londer- Zeeljeroenpinoy@alexius.be
Steps for a creditor
- The deadlines to file your claim have passed, including for a late claim. That was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol. The trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices. In a bankruptcy it can be recovered, subject to conditions.
A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.
The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
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This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Overview
Official details
Source: KBO- Status
- Open bankruptcy declared bankrupt on 17-06-2025
- Registered office
- 11 active companies are registered at this address Source: KBO register, as of 5 November 2026.
- Activity
- General construction of residential buildings NACE 41001
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
- Azzai AbdelkhalekDirector
- Eddoudi Fouda AbdeslamDirector
Shareholders
- Eddoudi Fouda Abdeslam100 sharesdeed of 20-12-2024
- Monsieur A100 sharesdeed of 20-12-2024
Financial position
No score
Annual accounts 2022
- Turnover
- €253,061
- ▲ 79.4%
- Profit
- €22,035
- ▲ 51.5%
- Equity
- €52,581
- ▲ 72.1%
- Total assets
- €108,591
- ▲ 86.1%
- Employees on 31-12-2022
- 1
- =
Financials
Financials · financial year 2022, micro format
2022 annual accounts filed 54 days after the deadline Filed on 23 September 2023, deadline 31 July 2023 (7 months after the close on 31 December 2022, Companies Code art. 3:10). Source: NBB, 2023-00456050.
Annual accounts 2022 filed on 23-09-2023 PDF all 3 filings
Turnover
€253,061▲ 79.4%
2021 · €141,031
EBIT margin
13.7%▲ 1.2pp
2021 · 12.6%
Net result
€22,035▲ 51.5%
2021 · €14,542
Working capital
€47,125▲ 54.3%
2021 · €30,545
Multi-year overview
2020 to 2022, 3 financial yearsTurnover
€253,061
▲ 79.4%
2022
20202022
Operating result
€34,786
▲ 96.1%
2022
20202022
Net result
€22,035
▲ 51.5%
2022
middle half of the sector
20202022
EBIT margin
13.7%
▲ 1.2pp
2022
20202022
Equity
€52,581
▲ 72.1%
2022
middle half of the sector
20202022
Total assets
€108,591
▲ 86.1%
2022
middle half of the sector
20202022
Debt
€56,010
▲ 101%
2022
20202022
Working capital
€47,125
▲ 54.3%
2022
middle half of the sector
20202022
Solvency
48.4%
▼ 3.9pp
2022
middle half of the sector
20202022
Current ratio
1.84
▼ 0.26
2022
middle half of the sector
20202022
Return on assets (ROA)
20.3%
▼ 4.6pp
2022
highest quarter of the sector
20202022
Staff (FTE)
1
▲ 66.7%
2022
20202022
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202020212022
Turnover€96,863-€141,031▲ 45.6%€253,061▲ 79.4%
Operating result€31,003-€17,743▼ 42.8%€34,786▲ 96.1%
Net result€31,003above the sector's middle half-€14,542within the sector's middle half▼ 53.1%€22,035within the sector's middle half▲ 51.5%
EBIT margin32.0%-12.6%▼ 19.4pp13.7%▲ 1.2pp
Equity€16,003within the sector's middle half-€30,545within the sector's middle half▲ 90.9%€52,581within the sector's middle half▲ 72.1%
Total assets€31,190below the sector's middle half-€58,352below the sector's middle half▲ 87.1%€108,591within the sector's middle half▲ 86.1%
Debt€15,187-€27,807▲ 83.1%€56,010▲ 101%
Working capital€16,003within the sector's middle half-€30,545within the sector's middle half▲ 90.9%€47,125within the sector's middle half▲ 54.3%
Solvency51.3%within the sector's middle half-52.3%within the sector's middle half▲ 1.0pp48.4%within the sector's middle half▼ 3.9pp
Current ratio2.05within the sector's middle half-2.10within the sector's middle half▲ 0.041.84within the sector's middle half▼ 0.26
Return on assets (ROA)99.4%above the sector's middle half-24.9%above the sector's middle half▼ 74.5pp20.3%above the sector's middle half▼ 4.6pp
Staff (FTE)0.61▲ 66.7%
above
within
below
The sector band is the middle half of the companies in Construction of residential and non-residential buildings (NACE 41). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2022 is 96% higher than in 2021 and the highest since 2020. It is a recovery after the fall in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €108,591
Fixed assets
€5,456
Current assets
€103,135
Equity and liabilities €108,591
Equity
€52,581 ▲ 72.1%
Debt
€56,010 ▲ 101%
Debt's share of the balance-sheet total rises from 47.7% to 51.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€35,830
Cash flow
€23,079
Debt to equity
1.07▲
2021 · 0.91
ROE
41.9%▼
2021 · 47.6%
Interest coverage
21.20
Debt ≤ 1 year
€56,010▲
2021 · €27,807
Income taxes
€11,061▲
2021 · €3,201
Customer credit
22 days▲
2021 · 21 days
Supplier credit
33 days▲
2021 · 3 days
Staff costs
€33,791▲
2021 · €21,531
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| part-time | 1 | 1 |
| in full-time equivalents | 0.8 | 0.8 |
| Average over the year, in full-time equivalents | 0.6 | 0.8 |
| On a permanent contract | 1 | 1 |
| Joined | 1 | - |
| Left | 0 | - |
Source: social balance sheet in the 2021 to 2022 annual accounts
Investments
| Item | 2021 | 2022 |
|---|---|---|
| Tangible fixed assets | - | €6,500 |
| Depreciation and write-downs of the year | - | €1,044 |
Source: notes to the 2021 to 2022 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Turnover70 | €96,863 | €141,031 | €253,061 | ▲ 79.4% |
| Goods, raw materials, services and sundry goods60/61 | - | €101,412 | €183,127 | ▲ 80.6% |
| Remuneration, social security and pensions62 | - | €21,531 | €33,791 | ▲ 56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,044 | - |
| Other operating charges640/8 | - | €347 | €313 | ▼ 9.8% |
| Gross operating margin9900 | €31,003 | €39,621 | €69,934 | ▲ 76.5% |
| Operating profit (loss)9901 | €31,003 | €17,743 | €34,786 | ▲ 96.1% |
| Financial charges65/66B | - | - | €1,690 | - |
| Recurring financial charges65 | - | - | €1,690 | - |
| Profit (loss) for the period before taxes9903 | €31,003 | €17,743 | €33,096 | ▲ 86.5% |
| Income taxes67/77 | - | €3,201 | €11,061 | ▲ 246% |
| Profit (loss) for the period9904 | €31,003 | €14,542 | €22,035 | ▲ 51.5% |
| Profit (loss) for the period to be appropriated9905 | €31,003 | €14,542 | €22,035 | ▲ 51.5% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €31,190 | €58,352 | €108,591 | ▲ 86.1% |
| Fixed assets21/28 | - | - | €5,456 | - |
| Tangible fixed assets22/27 | - | - | €5,456 | - |
| Furniture and vehicles24 | - | - | €5,456 | - |
| Current assets29/58 | €31,190 | €58,352 | €103,135 | ▲ 76.7% |
| Amounts receivable within one year40/41 | €1,822 | €7,987 | €36,029 | ▲ 351% |
| Trade receivables40 | - | - | €14,976 | - |
| Other amounts receivable41 | - | €7,987 | €21,053 | ▲ 164% |
| Cash at bank and in hand54/58 | €29,368 | €50,365 | €67,106 | ▲ 33.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €31,190 | €58,352 | €108,591 | ▲ 86.1% |
| Equity10/15 | €16,003 | €30,545 | €52,581 | ▲ 72.1% |
| Profit (loss) carried forward14 | €16,003 | €30,545 | €52,581 | ▲ 72.1% |
| Amounts payable17/49 | €15,187 | €27,807 | €56,010 | ▲ 101% |
| Amounts payable within one year42/48 | €15,187 | €27,807 | €56,010 | ▲ 101% |
| Trade debts44 | €147 | €771 | €16,703 | ▲ 22× |
| Suppliers440/4 | - | €771 | €16,703 | ▲ 22× |
| Taxes, remuneration and social security45 | - | €12,486 | €24,307 | ▲ 94.7% |
| Taxes450/3 | - | - | €7,513 | - |
| Remuneration and social security454/9 | - | €12,486 | €16,794 | ▲ 34.5% |
| Other amounts payable47/48 | - | €14,550 | €15,000 | ▲ 3.1% |
| Line | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,003 | €14,542 | €22,035 | ▲ 51.5% |
| + Depreciation and write-downs630 | - | - | €1,044 | - |
| Operating cash flow (approximation) | €31,003 | €14,542 | €23,079 | ▲ 58.7% |
| Change in cash | - | €20,997 | €16,741 | ▼ 20.3% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
2 directors, last change in 2024
Azzai Abdelkhalek
Current
Director · appointed by deed of 22-10-2024
Eddoudi Fouda Abdeslam
Current
Director · appointed by deed of 20-12-2024
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Jeroen Pinoy Stationsstraat 117, 1840 Londer- Zeel |
17-06-2025 → present |
Owners and capital
Shareholders
Stated in the deed
deed of 20-12-2024 ↗
- Eddoudi Fouda Abdeslam 100 shares
Share transfer
deed of 20-12-2024 ↗
- Azzai Abdelkhalek to Monsieur A 100 shares
Stated in the deed
deed of 22-10-2024 ↗
- Azzai Abdelkhalek 100 shares
Share transfer
deed of 22-10-2024 ↗
- Bendriss Abdelkhalak to Azzai Abdelkhalek 100 shares
Stated in the deed
deed of 10-07-2024 ↗
- BENDRISS ABDELKHALAK 100 shares
Share transfer
deed of 10-07-2024 ↗
- AZZAI ABDELKALAEK to BENDRISS ABDELKHALAK 100 shares
Mandate history
5 people, 2 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| Azzai Abdelkhalek |
|
| Eddoudi Fouda Abdeslam |
|
| Bendriss Abdelkhalak |
|
| AZZAI ABDELKALAEK |
|
| Azzai Hind |
|
Network & group
ZZ CONSTRUCT shares no director with another company.
Companies at the same address
10 other companies- NEUHAUS Establishment · since 01-08-2025Founded in 1969 · 450 FTE (2025) · group COMPAGNIE DU BOIS SAUVAGE 0406.774.844
- A.R MOVE Registered office · since 14-02-2023Founded in 2023 · total assets €26,241 (2023) · accounts filed late 0798.439.563
- YOUR ZEN DRIVERS Registered office · since 15-01-2021Founded in 2021 · turnover €16,286 (2022) 0761.677.157
- HM Machinery Registered office · since 03-01-2020Founded in 2020 · accounts filed late 0740.728.028
- FENIEX Registered office · since 16-10-2019Founded in 2019 0736.481.804
- G.M TRANS Registered office · since 14-08-2019Founded in 2019 · total assets €44,100 (2024) · negative equity · accounts filed late 0732.611.997
- PASSADENA TRADING Registered office · since 22-02-2019Founded in 2019 · total assets €9,981 (2022) 0721.463.234
- SOCIETE FONCIERE DU MIROIR Registered office · since 14-05-2018Founded in 2009 · total assets €264,287 (2025) · negative equity 0817.488.185
- FRUITS ZIB Registered office · since 16-03-2018Founded in 2018 · turnover €335,400 (2022) · accounts filed late 0692.636.517
- AAMEL Registered office · since 19-03-2012Founded in 2012 · total assets €16,163 (2020) · accounts filed late 0844.514.266
Connections & network
2 current directorsThe network starts from the directors of ZZ CONSTRUCT. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
2025
24-06
Bankruptcy
Bankruptcy declared
Enterprise Court of Brussels · judgment of 17-06-2025
2024
20-12
Gazette deed
Registered office moved from Brussels to LiègeTransfer of 100 shares from Azzai Abdelkhalek to Monsieur A · New registered office: Rue Vieille 1, 4032 Liége · Previous registered office: Avenue De Jette 234, 1090 Bruxelles6 points ▸
Gazette deed
Registered office moved from Brussels to Liège
Transfer of 100 shares from Azzai Abdelkhalek to Monsieur A · New registered office: Rue Vieille 1, 4032 Liége · Previous registered office: Avenue De Jette 234, 1090 Bruxelles6 points ▸
- General meeting, 25-04-2024
- Share transfer, Azzai Abdelkhalek → Monsieur A, 100 shares
- Director resignation, Azzai Abdelkhalek
- Director appointment, Eddoudi Fouda Abdeslam
- Registered-office move, Rue Vieille 1, 4032 Liége
- Eddoudi Fouda Abdeslam holds 100 shares
- The deed holds 1 more point.
22-10
Gazette deed
Registered office moved from Bruxeiles to BrusselsTransfer of 100 shares from Bendriss Abdelkhalak to Azzai Abdelkhalek · New registered office: Avenue de Jette 231, 1090 Bruxelles · Previous registered office: Avenue De la Reine 250, 1020 Bruxeiles6 points ▸
Gazette deed
Registered office moved from Bruxeiles to Brussels
Transfer of 100 shares from Bendriss Abdelkhalak to Azzai Abdelkhalek · New registered office: Avenue de Jette 231, 1090 Bruxelles · Previous registered office: Avenue De la Reine 250, 1020 Bruxeiles6 points ▸
- General meeting, 05-04-2024
- Share transfer, Bendriss Abdelkhalak → Azzai Abdelkhalek, 100 shares
- Director resignation, Bendriss Abdelkhalak
- Director appointment, Azzai Abdelkhalek
- Registered-office move, Avenue de Jette 231, 1090 Bruxelles
- Azzai Abdelkhalek holds 100 shares
10-07
Gazette deed
Registered office moved from Schaerbeek to BrusselsTransfer of 100 shares from AZZAI ABDELKALAEK to BENDRISS ABDELKHALAK · New registered office: Avenue de la reine 250, 1020 Bruxelles · Previous registered office: AVENUE Dailly 188, 1030 Schaerbeek6 points ▸
Gazette deed
Registered office moved from Schaerbeek to Brussels
Transfer of 100 shares from AZZAI ABDELKALAEK to BENDRISS ABDELKHALAK · New registered office: Avenue de la reine 250, 1020 Bruxelles · Previous registered office: AVENUE Dailly 188, 1030 Schaerbeek6 points ▸
- General meeting, 31-03-2024
- Share transfer, AZZAI ABDELKALAEK → BENDRISS ABDELKHALAK, 100 shares
- Director resignation, AZZAI ABDELKALAEK
- Director appointment, BENDRISS ABDELKHALAK
- Registered-office move, Avenue de la reine 250, 1020 Bruxelles
- BENDRISS ABDELKHALAK holds 100 shares
2023
23-09
micro format · 54 days late
30-03
Gazette deed
Registered office moved from Schaerbeek to BrusselsNew registered office: Avenue Dailly 188, 1030 Bruxelles · Previous registered office: Rue Thiéfry 33, 1030 Schaerbeek · Appointment: Azzai Abdelkhalek (director)4 points ▸
Gazette deed
Registered office moved from Schaerbeek to Brussels
New registered office: Avenue Dailly 188, 1030 Bruxelles · Previous registered office: Rue Thiéfry 33, 1030 Schaerbeek · Appointment: Azzai Abdelkhalek (director)4 points ▸
- General meeting, 01-03-2023
- Director appointment, Azzai Abdelkhalek
- Director resignation, Azzai Hind
- Registered-office move, Avenue Dailly 188, 1030 Bruxelles
2022
17-09
micro format · 48 days late
2021
31-12
Financial
Weakest financial yearnet €14,542 ▼53.1%
The net result drops to €14,542, the lowest from 2020 to 2022.
24-11
micro format · 116 days late
2020
12-02
6 publications in the Belgian Official Gazette, the last on 24-06-2025
SignalFinancial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Bankruptcy opened
- Last annual accounts
- financial year to 31 December 2022
- Legal form
- Private limited company
- Active since
- 9 February 2020
Register details
Identity
Name
ZZ CONSTRUCT in French
Enterprise number
0743.442.345
Entity type
Legal entity
Registered office and establishments
Registered office
Jetse Laan 231, 1090 Jette, Belgium
4 former offices
- Avenue De Jette 234, 1090 Bruxelles until the deed of 20-12-2024
- Avenue De la Reine 250, 1020 Bruxeiles until the deed of 22-10-2024
- AVENUE Dailly 188, 1030 Schaerbeek until the deed of 10-07-2024
- Rue Thiéfry 33, 1030 Schaerbeek until the deed of 30-03-2023
Activities
NACEBEL 202541001
General construction of residential buildings main activity
Codes under NACEBEL 2008
41201
General construction of buildings main activity
Invoicing and payment
VAT number
BE 0743.442.345
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
126 m²
Building footprint
115 m²
Building volume
1,151 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21464E0003/00H002 | Brussels | 126 m² | 1 · 115 m² | 14.3 m · 4 |